Articles about Initial Public Offering (IPO)

Zomato makes stellar stock market debut; lists at 53% premium

23 Jul 2021

Zomato makes stellar stock market debut; lists at 53% premium

Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.

Alibaba founder suspected to be missing after criticizing Chinese government

04 Jan 2021

Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

Ahead of its IPO next year, Zomato raises $660 million

19 Dec 2020

Ahead of its IPO next year, Zomato raises $660 million

Zomato has raised $660 million as part of its primary financing round, giving the Gurugram-based food tech unicorn a valuation of $3.9 billion, the company's founder and CEO, Deepinder Goyal, said on Twitter.

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

29 Sep 2020

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

Last night, Microsoft 365 suffered a major outage due to an internal change and left essential web services down for hours, including Microsoft Office 365, Teams, and Outlook.

End of TikTok's woes? Trump approves Oracle's bid for TikTok

20 Sep 2020

End of TikTok's woes? Trump approves Oracle's bid for TikTok

TikTok finally appears to be finalizing a way to prevent itself from getting banned in the United States.

NewsBytes Briefing: Apple releases iOS 14, iPadOS 14, and more

17 Sep 2020

NewsBytes Briefing: Apple releases iOS 14, iPadOS 14, and more

Last night, Apple started rolling out its latest operating system for mobile and tablets, the iOS 14 and iPadOS 14.

Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

10 Sep 2020

Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.

Zomato raises Rs. 760 crore from Tiger Global: Details here

10 Sep 2020

Zomato raises Rs. 760 crore from Tiger Global: Details here

In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.

Explained: The rise and fall of Yes Bank

06 Mar 2020

Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

WeWork appoints real estate veteran Sandeep Mathrani as CEO

03 Feb 2020

WeWork appoints real estate veteran Sandeep Mathrani as CEO

WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

01 Feb 2020

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

Soon, Ola might lay off nearly 350 employees: Here's why

29 Nov 2019

Soon, Ola might lay off nearly 350 employees: Here's why

After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.

T-Mobile's John Legere could be WeWork's next CEO

12 Nov 2019

T-Mobile's John Legere could be WeWork's next CEO

From an imploded IPO to allegations of sexism, unprofessional culture and layoffs, WeWork has faced a lot of flak lately.

WeWork CEO wants to live forever, be the "World's President"

21 Sep 2019

WeWork CEO wants to live forever, be the "World's President"

Earlier this year, a New York Magazine profile on WeWork CEO Adam Neumann painted him as quite the party boy with company events boasting free-flowing beer kegs, weed or some such.

Uber's employee, now a billionaire, was hired through a tweet

13 May 2019

Uber's employee, now a billionaire, was hired through a tweet

Ryan Graves is today the founder and CEO of investment firm Saltwater Capital, and a very rich man. According to Forbes, Graves' net worth is around $1.5 billion (Rs. 10,490 crore).

Samsung might collaborate with Pokemon Go creator for 'exclusive games'

29 Nov 2018

Samsung might collaborate with Pokemon Go creator for 'exclusive games'

In a bid to differentiate itself from other phone makers, Samsung could add some 'exclusive games' into its upcoming Galaxy devices.

#FinancialBytes: 5 investment classes with most risk (and high return)

25 Nov 2018

#FinancialBytes: 5 investment classes with most risk (and high return)

When it comes to investment, people have so many options today that some may even find it a little confusing to choose one.

Xiaomi creates new managerial positions to foster leadership

15 Sep 2018

Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

Alibaba co-founder Jack Ma to step down in September 2019

10 Sep 2018

Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

Alibaba's Jack Ma isn't retiring, will announce his succession plans

09 Sep 2018

Alibaba's Jack Ma isn't retiring, will announce his succession plans

Refuting an NYT report which claimed Jack Ma would be retiring from Executive Chairmanship of Alibaba group on Monday, South China Morning Post, a newspaper owned by the company, reported on Sunday that he would instead unveil his succession plans.

Workplace messaging service Slack is raising $400mn in new round

08 Aug 2018

Workplace messaging service Slack is raising $400mn in new round

On the back of acquiring its rivals just a couple of weeks back, workplace messaging service Slack is reportedly raising more funding, this time around $400mn.

The Flipkart dream: Move aside, make room for nerds

09 May 2018

The Flipkart dream: Move aside, make room for nerds

When as a child you were told by your parents to chase the IIT dream, they were not wrong.

Xiaomi files for the biggest Chinese tech IPO since 2014

03 May 2018

Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

Looking at Mukesh Ambani's life journey on his 61st birthday

19 Apr 2018

Looking at Mukesh Ambani's life journey on his 61st birthday

Mukesh Ambani is one name that demands respect and envy at the same time. As India's richest businessman, thousands want to live his extra-ordinary life, and an equal number aspire to become as successful as he is.

Spotify goes public, valued at $26.6 billion

04 Apr 2018

Spotify goes public, valued at $26.6 billion

In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.

Uber exits South-East Asia, selling its operations to rival Grab

26 Mar 2018

Uber exits South-East Asia, selling its operations to rival Grab

After exiting China and Russia, Uber Inc. is now selling its South-East Asia operations including ride-share and food delivery business to regional rival Grab.

Spotify is coming to India soon, confirms CEO Daniel Ek

16 Mar 2018

Spotify is coming to India soon, confirms CEO Daniel Ek

Speaking to investors during an annual event, Spotify co-founder and CEO Daniel Ek has said that the company is "working on launching" its service in some countries including India.

Xiaomi to enter US smartphone market as early as 2018

09 Mar 2018

Xiaomi to enter US smartphone market as early as 2018

After its remarkable success in India and the expansion into Western Europe, Xiaomi eyes the US market as it gears for an IPO to raise $10 billion or more in Hong Kong, later this year.

Dropbox files for IPO, to raise $500 million

24 Feb 2018

Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).

OrCam: This lesser-known company got a $1 billion valuation

20 Feb 2018

OrCam: This lesser-known company got a $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.

South Western Railways announces 21 unreserved vacancies: Details here

25 Jan 2018

South Western Railways announces 21 unreserved vacancies: Details here

The South Western division of Indian Railways has announced 21 unreserved vacancies for candidates under sports quota.

6 most profitable smartphone companies

01 Jan 2018

6 most profitable smartphone companies

Research firm Counterpoint, in its latest study, has ranked global smartphone manufacturers in terms of their profitability.

Uber seals multi-billion dollar investment from Japan's SoftBank

13 Nov 2017

Uber seals multi-billion dollar investment from Japan's SoftBank

Ride-hailing giant Uber has sealed a massive multi-billion dollar investment from Japanese technology conglomerate SoftBank.

Forbes names Chanda Kochhar the most powerful woman in India

02 Nov 2017

Forbes names Chanda Kochhar the most powerful woman in India

At number 32 on Forbes 2017 list of the world's 100 most powerful women, ICICI Bank CEO Chanda Kochhar has been named the most influential woman in India.

Saudi Aramco eyes Indian demand, plans JV by 2018

09 Oct 2017

Saudi Aramco eyes Indian demand, plans JV by 2018

State-run oil giant Saudi Aramco has reportedly launched its unit in India. The world's largest oil exporter wants to cater to the rising energy demands of the world's third-biggest oil consumer.

SBI Life Insurance's stock market debut; gains 5% on issue-price

03 Oct 2017

SBI Life Insurance's stock market debut; gains 5% on issue-price

SBI Life Insurance made a strong market debut as it got listed on stock exchanges.

Govt may get Rs. 15,000cr from NIA, GIC Re IPOs

18 Sep 2017

Govt may get Rs. 15,000cr from NIA, GIC Re IPOs

The NDA government intends to rake around Rs. 11,000 crore by selling shares of four state-owned non-life insurers and the national reinsurer, according to its disinvestment plans for the current fiscal.

SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod

09 Sep 2017

SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod

According to reports, Securities and Exchange Board of India (SEBI) has given approval for the initial public offering (IPO) of SBI Life Insurance Co. Ltd, which is a joint venture between State Bank of India and BNP Paribas Cardif.

Nifty 50: How does it actually work?

06 Sep 2017

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.